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Precision Optics names new CFO

Precision Optics Corporation has named board member Donald Major as the new chief financial officer to replace retiring Jack Dreimiller.

Record revenue projected for MBTA commuter rail

The MBTA's commuter rail is anticipating record revenues of $215 million for fiscal year 2016.

Fitchburg woman pleads guilty to embezzling over $1.3M from employer

A former Fitchburg office manager pleaded guilty in U.S. District Court in Boston to embezzling over $1.3 million dollars from her employer over a ten year period.

UMass Memorial names new presidents

UMass Memorial Health Care has announced that Lisa Colombo will be the president of Clinton Hospital and Nicole Gagne will become president of Community Healthlink.
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Seaboard expansion bringing 120 jobs to Westminster

The signing of an 189,124 square-foot lease by Seaboard Folding Box will bring 120 jobs to Westminster as the company seeks to expand its manufacturing capacity.

$434K in grants distributed in North Worcester County

The Community Foundation of North Central Massachusetts announced the distribution of 23 grants last week totaling $433,640 from its general endowment funds and field of interest funds.

Avidia Bank drops solar loan rate by 42%

Hudson-based Avidia Bank announced Monday that it has dropped its solar loan rate down to 1.89 percent for Massachusetts residents seeking to finance their residential solar systems.

Gas pipeline cancellation leaves ghost of cost concerns

The controversial Kinder Morgan pipeline that was supposed to give Massachusetts relief from a constrained natural gas supply has been cancelled but concerns about energy constraints remain.
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Bankers call foul as rival credit unions look into public deposits

As credit unions' market share expands in Massachusetts, the state bankers association says that growth is unfair to banks and against the public interest.

MetroWest attracting millionaires

While cities like Worcester and Boston have a higher number of millionaires, laid-back communities in MetroWest have some of the highest concentrations in the state.
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